Shahlon Silk Industries MD, chairman, board of directors and AGM
BSE: 542862Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹23.25.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹206 Cr2,403rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 48.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 1.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.30%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 3.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 8.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 1.12
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,390
Shahlon Silk Industries board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDHIRAJLAL RAYCHAND SHAHRelated to the promoter
- Managing directorARVIND RAICHAND SHAH
- Company Secretary and Compliance OfficerHITESH K. GARMORA
6 directors3 independent3 executive
- DHIRAJLAL RAYCHAND SHAH · ChairpersonExecutive · joined Sep 2018 · reappointed Sep 2025 · 1 listed board · 2 committee seats
- ARVIND RAICHAND SHAH · Managing directorExecutive · joined Sep 2018 · reappointed Sep 2025 · 1 listed board · 1 committee seat
- NITIN RAICHAND SHAHExecutive · joined Sep 2018 · reappointed Sep 2025 · 1 listed board
- RAJENDRA KUNDANLAL DESAIIndependent · joined Sep 2018 · reappointed Sep 2023 · 96 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 4 as chair
- VAIBHAV JAYANTBHAI MEHTAIndependent · joined Jun 2019 · reappointed Sep 2023 · 87 months as independent · 1 listed board · 1 as independent · 1 committee seat
- KETAKI NAGINBHAI PATELIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- RICHA MANOJ GOYAL, left 3 Jul 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 Aug 20266 of 6 present3 independent · 13 days in between
- 30 Jul 20266 of 6 present3 independent · 61 days in between
- 29 May 20265 of 6 present3 independent
Audit Committee
Chair RAJENDRA KUNDANLAL DESAI
DHIRAJLAL RAYCHAND SHAH, VAIBHAV JAYANTBHAI MEHTA, KETAKI NAGINBHAI PATEL
- 13 Aug 20264 of 4 present3 independent · 75 days in between
- 29 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair RAJENDRA KUNDANLAL DESAI
VAIBHAV JAYANTBHAI MEHTA, DHIRAJLAL RAYCHAND SHAH, KETAKI NAGINBHAI PATEL
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair RAJENDRA KUNDANLAL DESAI
DHIRAJLAL RAYCHAND SHAH, ARVIND RAICHAND SHAH
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair DHIRAJLAL RAYCHAND SHAH
ARVIND RAICHAND SHAH, RAJENDRA KUNDANLAL DESAI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- HTKS & Co.Peer-review certificate valid to May 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Shahlon Silk Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Shahlon Silk Industries dividend history
Annual general meeting, 30 Sep 2026
4,748 shareholders on the register on 23 Sep 2026; present: 24 promoters and 1 others; votes counted by DHAVAL MASTER / JDM AND ASSOCIATES LLP.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 69.22% · promoters 90.49% · other public 17.30%
- To declare final dividend of Rs.0.07/- (3.50%) per Equity Share of face value of Rs.2/- each to the shareholders for the Financial Year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 69.22% · promoters 90.49% · other public 17.30%
- To appoint a Director in place of Mr. Arvind R. Shah (DIN: 00010483), Director who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 69.22% · promoters 90.49% · other public 17.30%
- To ratify the remuneration payable to Cost Auditors for the financial year ending 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 69.22% · promoters 90.49% · other public 17.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeExciseSince 15 Feb 2019
The Company has filed the Appeal before CESTAT (Centarl Excise and Service Tax Ahmedabad Tribunal) Ahmedabad for setting aside the order passed by the Commissioner (Appeals) CGST & Centarl Excise Surat. The amount in dispute is Rs. 8.06 lakhs along with penalty imposed of Rs.1.55 lakhs, aggregating to Rs.9.61 lakhs (Relating to A.Y. 2018-19).MoreLess
- Tax disputeGSTSince 25 Mar 2023
The company has received an Order-in-Original u/s. 122 of the CGST Act from the Additional Commissioner of the GST Department on February 5, 2025, stipulating the penalty of Rs. 234.93 Lakhs, In response, the Company filed an appeal to Appellate Authority, Commissioner (Appeals) on March 21, 2025, seeking to set aside the said order and drop the penalty imposed therein. (Relating to F.Y. 2017-18).MoreLess
- Tax disputeGSTSince 1 Aug 2024
The appeal filed by the company with Office of the Commissioner, Central GST and Central Excise, Appeal Commissionerate, Surat on February 25, 2025 against the Order-in-Original issued u/s. 74 of the CGST Act by the Superintendent, CGST & Central Excise, Surat was rejected. The amount in dispute is Rs. 1.16 lakhs along with penalty of Rs.1.16 lakhs, aggregating to Rs.2.32 lakhs The Company has now filed an appeal before the GST Appellate Tribunal (GSTAT) on April 27, 2026, seeking to set aside the said impugned order, waive the tax demand, and drop the penalty imposed therein. (Relating to F.Y. 2017-18 to F.Y. 2019-20).MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.